XAUSD [Gold] Short Idea
The price failed to breach the 2665 supply level and reversed from the high, closing at 2638.
The
XAUUSD remains in a downtrend, indicating a range-bound trading pattern.
The price is expected to swing down to the 2615 to 2606 range before reversing back to 2665.
Consider going long near the demand zone highlighted in the chart.
The
XAUUSD remains in a downtrend, indicating a range-bound trading pattern.The price is expected to swing down to the 2615 to 2606 range before reversing back to 2665.
Consider going long near the demand zone highlighted in the chart.
Trade closed: target reached
Both side's targets were reached.
Emotion Mein Insaan Hamesha Galati Karta Hai.
--------Disclaimer-----------
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
--------Disclaimer-----------
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
Emotion Mein Insaan Hamesha Galati Karta Hai.
--------Disclaimer-----------
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
--------Disclaimer-----------
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.